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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by JimmyGICon Sep 01, 2011 7:08pm
254 Views
Post# 19004839

Mistake???

Mistake???

First Uranium sells Texas database to Uranium Energy

CORPUS CHRISTI— The Canadian Press
Published Wednesday, Aug. 31, 2011 11:10AM EDT
Last updated Wednesday, Aug. 31, 2011 11:28AM EDT

First Uranium Corp. (FIU-T 0.41 +0.005 +1.23%) selling its South Texas database package to Uranium Energy Corp. (UEC-A 3.48 -0.03 -0.85%) of Austin, Tex., for $900,000 (U.S.) in cash and stock, the American company said Wednesday.

This strategic database, with more than 40 uranium targets Uranium Energy plans to evaluate, will be paid for with $400,000 in cash and 159,236 of the company's common shares, valued at $3.14 apiece.

https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/first-uranium-sells-texas-database-to-uranium-energy/article2148526/

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